Price for Albumins; Albuminates and Other Albumin Derivatives in Finland - 2023

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Finland (CIF) - 2022
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Finland (FOB) - 2022
3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Finland
4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Finland

Price for Albumins; Albuminates and Other Albumin Derivatives in Finland (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $11,829 per ton, with an increase of 31% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $14,517 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($120,000 per ton), while the price for Denmark ($6,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Finland (FOB) - 2022

In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $2,364 per ton, with an increase of 27% against the previous year. Overall, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 150%. As a result, the export price attained the peak level of $2,887 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($6,277 per ton), while the average price for exports to Denmark ($1,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Finland

After three years of growth, purchases abroad of albumins; albuminates and other albumin derivativeses decreased by -2.3% to 483 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year.

In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $5.7M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Finland in 2022:

1. Poland (156.9 tons)
2. Germany (121.8 tons)
3. Denmark (76.1 tons)
4. France (64.9 tons)
5. Netherlands (38.0 tons)
6. Sweden (18.9 tons)
7. Lithuania (6.0 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Finland

In 2022, exports of albumins; albuminates and other albumin derivativeses from Finland skyrocketed to 170 tons, picking up by 22% against the year before. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 53%. As a result, the exports attained the peak of 189 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $402K in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Finland in 2022:

1. Sweden (94.2 tons)
2. Netherlands (48.6 tons)
3. Denmark (11.7 tons)
4. Estonia (11.0 tons)
5. Saudi Arabia (4.2 tons)

Source: IndexBox Market Intelligence Platform